Binance's $1 billion BTC purchase, though spread over 30 days, has a limited direct impact on the market. However, it's a strong signal for large short sellers. This means Binance will be a net buyer for the next 30 days, refraining from selling. Simply sending this signal is enough to deter some aggressive short sellers. In fact, since Binance's announcement yesterday at noon, BTC open interest has rapidly declined from its peak. This indicates that the downward momentum is weakening, and short sellers are closing out their positions. The market is a dynamic game, and short sellers cannot be certain whether other major players (Justin Sun, Tether) will follow Binance's lead. However, the mere existence of this expectation is enough to make aggressive short sellers choose to back down. Gold and silver plummeted overnight, but BTC rebounded from its bottom, which is a positive phenomenon. Currently, BTC is approaching its second leg level of $80,000, and this injection of confidence into the market is crucial.